HC Deb 17 December 1906 vol 167 c1039
MR. BRACE (Glamorganshire, S.)

I beg to ask the President of the Local Government Board, whether, in face of the disadvantages local authorities suffer in consequence of the refusal of the Local Government Board to allow the repayment of moneys borrowed, by them for carrying out public works to extend over a longer period than is at present the recognised rule, viz., thirty years for buildings and twenty years for the construction of new roads and for road improvements, he will consider the question of substantially increasing the period for the repayment of loans, so as to meet the wishes and needs of local municipal authorities.

MR. JOHN BURNS

I have on several occasions had to consider the question of the terms which should be fixed for the repayment of loans raised by local authorities, but I have not seen my way to an alteration of the periods usually allowed by the Local Government Board.